Modern 2-Bedroom Flat in Central Faro with Garage and Amenities

Faro, Faro, Portugal, 8000-326

For Sale

€500,000

REF: 995812 €500,000


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Description

New 2-bed apartment in central Faro with garage, lift, and top access to beaches, schools, transport, and healthcare Welcome to this modern and newly built two-bedroom apartment, located in the heart of Faro, the capital of the Algarve. Featuring a fully equipped kitchen with top-of-the-line appliances, a laundry room, and air conditioning, this is the ideal choice for those seeking comfort, functionality, and quality of life just minutes from the city centre. Its prime location puts you within walking distance of the train station, bus stops, and the Faro Marina. All essential goods and services are close by, along with easy access to the region s most beautiful beaches, prestigious golf courses, and the Gago Coutinho International Airport. Faro, the largest city in the Algarve, offers a rich and varied cultural programme year-round, with concerts, exhibitions, museums, and a gastronomy influenced by international flavours.

The city's historical cafés and bars invite you to relax and explore. The surroundings of the apartment include spacious green areas perfect for leisure moments, as well as a full range of educational institutions from nurseries and public and private schools to the various campuses of the University of the Algarve. Hospitals, health centres, and pharmacies are also nearby, providing peace of mind and immediate access to top-quality healthcare services. The apartment includes a lift, a private parking space in a secure garage, and pre-installation for electric car charging. Book your visit today and discover everything this magnificent apartment has to offer! AlgarveProperty.com - AMI: 2196 - T.: 00351 289310310
New 2-bed apartment in central Faro with garage, lift, and top access to beaches, schools, transport, and healthcare Welcome to this modern and newly built two-bedroom apartment, located in the heart of Faro, the capital of the Algarve. Featuring a fully equipped kitchen with top-of-the-line appliances, a laundry room, and air conditioning, this is the ideal choice for those seeking comfort, functionality, and quality of life just minutes from the city centre. Its prime location puts you within walking distance of the train station, bus stops, and the Faro Marina. All essential goods and services are close by, along with easy access to the region s most beautiful beaches, prestigious golf courses, and the Gago Coutinho International Airport. Faro, the largest city in the Algarve, offers a rich and varied cultural programme year-round, with concerts, exhibitions, museums, and a gastronomy influenced by international flavours.

The city's historical cafés and bars invite you to relax and explore. The surroundings of the apartment include spacious green areas perfect for leisure moments, as well as a full range of educational institutions from nurseries and public and private schools to the various campuses of the University of the Algarve. Hospitals, health centres, and pharmacies are also nearby, providing peace of mind and immediate access to top-quality healthcare services. The apartment includes a lift, a private parking space in a secure garage, and pre-installation for electric car charging. Book your visit today and discover everything this magnificent apartment has to offer! AlgarveProperty.com - AMI: 2196 - T.: 00351 289310310
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Currency Exchange

Faro, Faro, Portugal, 8000-326

Interested in this property? Don't lose out to currency fluctuations changing the price you pay...

Many overseas buyers in Portugal do not realise they can lose thousands of pounds through adverse currency exchange rate movements.

The property buying process in Portugal takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €500,000 property cost you?

Property Price € Minimum cost in the last six months Maximum cost in the last six months Fluctuating exchange rates over the last six months could have increased the cost of this property by
€500,000 £412,725 £434,045 £21,320
Property Price € €500,000
Minimum cost in the last six months £412,725
Maximum cost in the last six months £434,045
Fluctuating exchange rates over the last six months could have increased the cost of this property by £21,320

Faro, Faro, Portugal, 8000-326

Interested in this property? Don't lose out to currency fluctuations changing the price you pay...

Many overseas buyers in Portugal do not realise they can lose thousands of pounds through adverse currency exchange rate movements.

The property buying process in Portugal takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €500,000 property cost you?

Property Price € Minimum cost in the last six months Maximum cost in the last six months Fluctuating exchange rates over the last six months could have increased the cost of this property by
€500,000 £412,725 £434,045 £21,320
Property Price € €500,000
Minimum cost in the last six months £412,725
Maximum cost in the last six months £434,045
Fluctuating exchange rates over the last six months could have increased the cost of this property by £21,320

The exchange rate on the day you make an offer on your property in Portugal will not be the same as the rate you pay when you complete on your purchase, as currency markets move constantly. Any large rate movements may take it beyond your price range as the chart above illustrates the fluctuation and how much extra your property could have cost you.

The best way to avoid this significant risk is to plan your budget and currency strategy with an experienced currency specialist. They have been known to save you up to 4% compared to many high street banks, £4,000 for every £100,000, which soon adds up. They will also keep you up to date on market movements, help you set a rate in advance with a product called a Forward Contract - so you know exactly what you will pay for your property in sterling.

This is why we recommend Smart Currency Exchange Ltd. If exchange rate movements continue to be as unpredictable and as significant as they have been in the past then by not using Smart Currency Exchange Ltd your property could cost you £21,320 more.

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